Vice President, Yemi Osinbajo has said the present administration has invested N900 billion in the power sector since its assumption of office in 2015.

Osinbajo stated this when he paid a courtesy visit on the Asagba of Asaba, Prof. Chike Edozien on Friday in Asaba, NAN reports.

”Since assumption of office, we have invested so far in terms of support N700 billion in the power sector. Earlier, we invested N200 billion,” he said.

The vice president said further that the Federal Government was in the process of investing another N600 billion in the sector.

On further steps to improve power supply in the country, the vice president said that the federal government had decided to take a second look at the power sector.

According to him, one of the reasons why there are challenges in the power sector is that each of the Distribution Companies (Discos) controls a particular territory.

”And now we are saying that any company that wants to provide power to any territory, should be able to provide power for the territory and the people.

‘We have been able to break the existing monopoly in the power sector. Whether upgrade or not, the discos should be able to serve the people.

”Another strategy we are trying to introduce is to open up the power sector by restructuring,” he said.

On the second Niger Bridge, Osinbajo said that the project was very important to the Federal Government.

According to him, President Muhammadu Buhari did not only negotiate for the equipment being used for the construction of the bridge, but is also paying special attention to the project.

“I was here six weeks ago to look at the progress of the work there and I must say that the project is going on well.

“I hope that very soon, we should be completing not just the bridge, but also all surrounding infrastructure both here in Asaba and the other end of the bridge,” he added.

Earlier, in his address of welcome, the Asagba of Asaba noted that poor power supply had been a major challenge in the Delta capital and appealed to the federal government to intervene in the situation.

He also appealed to the government to compensate the people of Asaba on the 1967 massacre which claimed many lives, by establishing a federal university in the town.

According to him, Asaba is the only state capital in Nigeria without a federal university.




Read more here https://thickmatch.com/buhari-govt-invested-n900bn-power-since-assumption-office-osinbajo/

And I stii pay #3000 monthly for the light that never comes . There is God oooooooo

As usual, some who have not see 100k before will start singing Buhari's praise



N900b just disappeared

Idiotic pigs wil not know this

Which kain lie be this?

buharitill2023:
Idiotic pigs wil not know this

neither will asslickers too

N900b rather looted, if now where is the stable power?


Fraudulent administration of rogues!

They always use him
Only him

this he goat has started again. buhari puppet. professor of lies and deceit.
hell await you and adeshina

buharitill2023:
Idiotic pigs wil not know this

Idiotic pigs of Buhari will not know that the money has already been looted...

If it was judiciously utilized... You will have power

Why not invest the money on renewable energies..

Build solar plants and subsidze it for every home to purchase

God bless the poster above me.
RE is the way to go, though with high first initial cost..but advantageous in the long run...


Pastor Osibanjooooooooooooooo........900bn?
Fear God nah..

We are only hearing it from you. If this is true, then that was a complete waste. 900 billion worth scam.

buharitill2023:
Idiotic pigs wil not know this

Before calling people names, have you seen any evidence of such investment?

Wow! Bravo! Bravo!


No, this is commendable! What a laudable action by the government! It should even be in world's record.


That Buhari invested a whole 900 billion naira in acquiring Invisible power for our country; power the like of which has never been seen in history.


That power must be invisible; because here in my area and in my state in general, we cannot see it



Nonsense and tohyorsih2

Liar VP.

Where is da fawa?

PDP members are the problem of this country. Thank you Buhari/Osinbajo, we are very sure of 24/7 electricity very soon. PDP members don't want Buhari to succeed, but God pass them.

Invested where ? Till date Buhari has not added a single MW to the grid so where did he spend the money because Nigerias output is still hovering at about 3000 MWs

N900BN Yet power was 100% better under Barth Nnaji being minister of power..

Oga Pastor has inherited take over the lying game from Lai Mohammed.

According to him, Asaba is the only state capital in Nigeria without a federal university.

Sorry your excellency but fderal University Oye Ekiti is a government-owned and -operated Nigerian university. The university is in the ancient city of Oye-Ekiti and Ikole-Ekiti making it two campuses. Is Oye-Ekiti synonymous with Ado Ekiti the capital city of Ekiti?